Massachusetts has a 6.25% state sales tax on most goods (raised from 5% in 2009).
What is the sales tax?
The Massachusetts sales tax is 6.25 percent of the sales price or rental charge of tangible personal property 1 or certain telecommunications services 2 sold or rented in the Commonwealth. ) The sales tax generally is paid to the vendor as an addition to the purchase price. The buyer pays the sales tax to the vendor at the time of purchase; the vendor then remits the tax to the Commonwealth. For motor vehicle and trailer sales, however, the sales tax is paid directly to the Commonwealth by the purchaser.
There is no sales tax on food items, but prepared meals purchased in a restaurant are subject to a meal tax of 6.25% (in some towns voters chose to add a local 0.75% tax, raising the meal tax to 7%, with that incremental revenue coming back to the town).
Who is a sales/use tax vendor?
A sales/use tax vendor is a retailer or any other person who regularly sells, rents or leases tangible personal property or telecommunications services that are subject to the Massachusetts sales tax.
A vendor is anyone who:
Sells, rents or leases in Massachusetts generally;
Purchases tangible personal property or telecommunications services for resale in Massachusetts;
Acquires parts to manufacture goods for sale or resale in Massachusetts;
Has a business location in Massachusetts;
Has representatives soliciting orders for tangible personal property or telecommunications services within Massachusetts; or
Sells to Massachusetts residents or businesses and delivers, repairs or installs goods or telecommunications services within the Commonwealth.
Sales tax on liquor was repealed in a 2010 referendum vote. Sales of individual
items of clothing costing $175 or less are generally exempt; on individual items
costing more than $175, sales tax is due only on the amount over $175.
Third,
Video Store
Retail Trade
you said that you will have one employee that subjects you to have to register for employment state and federal taxes. That requires an employer ID from the IRS and an employer ID from the state.
Fourth,
Video Store
all starting businesses must select a tax structure such as sole owner partnership LLC or corporation but regardless since the firm trade name :"Robertg
Neely Videos
shNexas02746"
Video Store
Retail Trade
is required to be filed with a(an)
Bristol County
fictitious firm trade name.
You will not have to register a fictitious firm trade name.if you incorporate or form an LLC however.
Fifth,
Video Store
Retail Trade businesses
in 02746,
must get a
New Bedford business license simply because they are businesses.
Here's How to Get Your MA Seller's Permit and Other permits and Registrations You May Need.
MA Seller's Permit, LLC, DBA, Licenses & Tax IDs Requirements:
Registering Your Own Small New Store Business
Most stores sell merchandise so the first thing is to get a sellers permit to buy merchandise wholesale and sell it retail.
Aside from that, you then need to select your business structure: Sole Proprietor, Partnership, LLC or Corporation.
The above step is important business all Store documents will be filed under the type of business organizational structure.
Of course, you can have a brick and mortar, road side, mobile or online store. All of these require the same licensing not because of the type of location but because there are all businesses.
After that, you will need to obtain a business permit.
This is a general business permit that all new businesses must obtain.
More than 31% of the GNP, though, less than $5,000,000.00 is generated through retail sales business.
Though less than 2 million retail businesses, there is about 1.6 ml retail stores not including online retail. Note that in the majority of the cases you do not need to obtain a business permit that is specifically for your type of business.
You only need a general business permit. In addition, all businesses must be identified by a business tax ID called a federal tax ID number or Employer Identification Number (EIN).
If you file as a sole proprietor, you can use your social security number instead of the federal ID.
Then, 99% of all stores require a sellers permit if you sell merchandise wholesale or retail. The sellers permit is also called state ID, wholesale ID, resale ID, or re-seller license.
If you are an employer, you will need a federal employer Number and a State Employer Number.
If you do business as a name other than your full legal name, for example, you do business as "ABC Discount Store," you will need to file a doing business as (DBA) filing.
Finally, you have the option or incorporating or forming an LLC. Setting up as one of these corporate entities allows you not to file a DBA.
How Do I Start An Online Video Store
Bristol County
New Bedford
Video Store
New Bedford,
02746
I will not hire any contractors or employees.
It is confusing... is a seller's permit license same as a sales permit?;
Yes, a seller's permit license is the same as a sales permit.
So what is a resale permit? ;
A resale permit is called resale because in most cases you buy wholesale and you resell retail that is why it is also called a reseller permit.
So what is a resellers license?;
A seller's permit or resellers permit license is a resell permit of merchandise and it is used as a sales tax permit because you collect sales tax and you pay the state.
All small, home or web based businesses as well as big businesses must register for business taxes. When registered, you will receive a business tax registration certificate most commonly called a business occupational license. However, you still may need additional tax registrations such as sales tax, employment withholding tax and income tax registrations.
Asked on:
7/13/2020 12:00 AM
By: Las Vegas Buffet LLC
Alabama
How much time does it take to obtain the Seller's permit?what are the requirements to obtain a general gardener license If I started abusiness in Arizona, would I need to obtain a license?
I am a bank employee and I'm trying to verify an EIN for a customer WHAT DO I HAVE TO DO TO OBTAIN A FLORIDA HANDYMAN LIC I HAVE THE LLC AND EIN would i need a transient license since i would be working out of a van and going to people's houses?
If i am vendor worthiness that come under a business license I misplaced my NYS Tax ID Cert. and how can I get another copy want to register LLC business in texas, how do I do that? I was just wondering if you could tell me if a resale certificate is required in Massachusetts to operate an business buying wholesale?
Thank you very much I am not looking to do this right now just beginning doing research I will come back when I am ready thanks for the information I will be buying wholesale but would like to work with smaller merchants as well and would like to know the requirements for that as well.
Answer by SellerPermit.com:
7/13/2020 12:00 AM
$39.
Alabama
Asked on:
7/13/2020 12:00 AM
By: Malcolm
Pennsylvania
I currently work for a boxing & mma gym in Philadelphia, PA. We just got a vending machine and have been researching wholesalers in the area to stock it. Many say we need to provide a state resale certificate if we are purchasing the products for resale.
Do we need to obtain a state resale certificate if we plan on selling beverages and snacks to our customers via the vending machine?
i want to sell cold beverages beers cocktails and wines i want live chart support about this business i haven't open yet um planing i dont want something huge actually just a tavern bar i actually understood everything u put in my sense,are you guys on app which website should i shoot to learn how to open my business.
I am trying to see what I will need to sell beverages on amazon.com I'm interested in opening a mobile car, but I am not sure.
what licenses I need for it Actually i would like to open a transportation/delivery service This is to be a hired driver, courier service, and if they needed lets say alcohol to be picked up and delivered..
Answer by SellerPermit.com:
7/13/2020 12:00 AM
In general, you may not need a seller's permit for a vending machine but it depends on the area and we have to do the research for you . Purchase the seller's permit and we will find out.
Pennsylvania
Asked on:
7/13/2020 12:00 AM
By: Where and How
California
I'm understanding that we need a Sellers Permit. How much is it? Where do I get it? How long does it take? Do we need to go to Carson City?
I would like to know what type of license I will need to sell food at events or just a parking lot
I need a food license to sell food at a festival Would selling paintings at a local farmers market/art festival require a peddler business license? that is a lot of info...
I must be chatting w....I just want to know if I a peddler's license would be easier to sell my own paintings or an llc I want to sell food at the festival this weekend in highland park mi.
What do i need I need a vendors license to sell hot food at the festival what type of license do I need to setup a tent at a festival.
Answer by SellerPermit.com:
7/13/2020 12:00 AM
$39. Click on order button to submit your info and get it. 4-8 business days. No, a seller's permit is not obtained thru the city.
Worcester
Boston
Boston
Cambridge
Massachusetts
Boston
The Massachusetts use tax is 6.25 percent of the sales price or rental charge on tangible personal property (including phone and mail order items or items purchased over the Internet) or certain
Massachusetts has a 6.25% state sales tax on most goods (raised from 5% in 2009).
What is the sales tax?
The Massachusetts sales tax is 6.25 percent of the sales price or rental charge of tangible personal property 1 or certain telecommunications services 2 sold or rented in the Commonwealth. ) The sales tax generally is paid to the vendor as an addition to the purchase price. The buyer pays the sales tax to the vendor at the time of purchase; the vendor then remits the tax to the Commonwealth. For motor vehicle and trailer sales, however, the sales tax is paid directly to the Commonwealth by the purchaser.
There is no sales tax on food items, but prepared meals purchased in a restaurant are subject to a meal tax of 6.25% (in some towns voters chose to add a local 0.75% tax, raising the meal tax to 7%, with that incremental revenue coming back to the town).
Who is a sales/use tax vendor?
A sales/use tax vendor is a retailer or any other person who regularly sells, rents or leases tangible personal property or telecommunications services that are subject to the Massachusetts sales tax.
A vendor is anyone who:
Sells, rents or leases in Massachusetts generally;
Purchases tangible personal property or telecommunications services for resale in Massachusetts;
Acquires parts to manufacture goods for sale or resale in Massachusetts;
Has a business location in Massachusetts;
Has representatives soliciting orders for tangible personal property or telecommunications services within Massachusetts; or
Sells to Massachusetts residents or businesses and delivers, repairs or installs goods or telecommunications services within the Commonwealth.
Sales tax on liquor was repealed in a 2010 referendum vote. Sales of individual
items of clothing costing $175 or less are generally exempt; on individual items
costing more than $175, sales tax is due only on the amount over $175.
Massachusetts
MA
MA
I am a contractor bidding a job. Are both the materials and labor subject to tax? ;
Contractors bidding a job, are subject to consumer sales tax of all materials used in fulfilling a construction contract for improvement to real property
Are delivery charges taxable? ;
If they are not separately stated they are taxable. However handling
Can sales tax be included in the price of a purchased item?;
Yes, but sales tax be included in the price of a purchased item if conspicously posted.
I will be attending a convention/trade-show in another state. I will be selling my product. Do I have to collect Sales Tax?;
the lease or rental of tangible personal tangible property is taxable.
Are beer, wine, and liquor subject to Sales Tax?;
Yes, beer, wine, and liquor is subject to Sales Tax.
Is a wholesale distributor of products require to register and get a seller's permit?;
Wholesalers distributors of products are required to register and get a seller's permit.
Why do I need a seller's permit?.
STILL NOT SURE WHAT YOU NEED?
ASK A QUESTION OR COMMENT BELOW
States impose sales tax on purchases of taxable items. They issue a seller's permit number for seller's to collect these tax and pay the state.
First decide on a business structure Video Store as a Sole Proprietor, LLC/Corp, or Partnership.
Note that each structure requires a filing. E.g., selecting an LLC, requires at least an LLC certificate, an LLC operating agreement,
a business license and a federal tax ID number.
Hiring Video Store
Workers Requires a Federal EIN and a State Tax Number EIN
HERE ARE SOME NUMBERS ASSOCIATED WITH STARTING YOUR BUSINESS IN NEW BEDFORD. MA
.
CST.
As of
7/14/2020 1:22:18 AM, you can obtain your
NEW BEDFORD seller's permit here at $39 plus any tax you may have to pay in advance. To set up your reseller license is inexpensive but starting your business
may cost you about (figures vary depending on area and type of business ) $6042.70
or $5502746.55
depending on your start up money. Getting a license in
NEW BEDFORD BRISTOLNEW BEDFORD, 02746 You will have many potential clients in this city. In fact, as much as
14742
but about 6654 are families in this area in
MA.
In addition, getting a 508/774 cell phone area code may help increase the idea that you operate from the city because you can text your clients
as a local vendor (remember, everyone is texting these days).
You can lease a space to operate your business from but if buying a house, the prices are (about $
02746
110300 avergage value) , which
you can use as a home operated business as well.
Your actual location in NEW BEDFORD will be
your business address. E.g., your business location could be 530
NEW BEDFORD Road/Avenue or 55TH Way/Ct or
NEW BEDFORD, MA . Operating from a 02746 P.O. Box location purported as your
business mailing address. E.g. P.O Box
39
NEW BEDFORD,MA 02746 .
However this turns out, in 556 considering demographics is intelligent. For example,
before iinvesting in getting a wholesale license there, there are about 11058, Whites,
2581 Hispanics, and 604 Blacks in the 02746
area.
Another important consideration is that of the residents' income in the wingspan of your business location. Each family here earns
about $18429 per household and has about 2.70 residents per family.
However, is the weather nice? Consider
that the altitude is 30 feet, and you getting a seller's license in 5 time zone.